Merck (MRK) stock price is up today as Merck announced a new partnership with the International AIDS Vaccine Initiative (IAVI) to develop a coronavirus vaccine.
U.S.-Mexico remittances are tilting towards the crypto space. This comes as Ripple indicates that XRP transfers account for about 10% of these cash flows.
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Tesla (TSLA) stock is up 1.9% in the pre-market. Meanwhile, it is expected that Tesla may face serious issues related to lower demand as high-income people opt to work remotely today.
Novavax (NVAX) has jumped by 16% in the pre-market. The company has announced human trials its COVID-19 vaccine.
JDE Peet’s is the largest IPO that’s been filed in the region this year, followed by the March flotation of Saudi eponymous health care company in Tadawul for $699 million.
Auto manufacturing giant Daimler plans to invest $480 million in Farasis IPO to produce batteries for use in electric cars. DAI stock is up today.
Bitcoin whales have started accumulating more tokens after the cryptocurrency’s price dipped below $9,500. Historical data shows that affluent crypto holders are trading Bitcoin short-term to extract maximum profits. Now BTC is at around $8,800.
Louisiana’s House of Representatives has forwarded a bill that seeks to establish clear directives and regulatory infrastructure that will allow crypto businesses to work legally in the state.
Apple (AAPL) stock is up 1.50 % in the pre-market to trade at $324. The company is expected to release a larger iPhone 12 Pro later this year if the production line is not affected by coronavirus disruption.